As of March 2011 the company operates all of PNG’s producing oil and gas fields, with gross production of around 38,000 barrels of oil equivalent per day and a net share of around 20,000 boe per day. At end 2010, the company’s proven reserves were 337 million boe, with proven and probable reserves of around 559 million boe.

According to Deutsche Bank, higher oil price forecasts reinforce its preference for Australian energy sector equities with exposure to oil prices.